2648 Watt AveSacramento, CA 95821

Property Details for 2648 Watt Ave

Year built

1992

Construction

WOOD

Lot size

1.11 AC

Property size (Sq ft)

14,500 SF

Zone code

SC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

269-0090-058-0000

APU

26900900580000

Description

This exceptional retail property, located at 2648 Watt Avenue in Sacramento, California, offers a substantial 4,774 square feet of leasable space. Currently entirely vacant, this presents a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to collaborate and create a vibrant retail hub. The property is classified as retail and is situated in Sacramento County, zip code 95821. Its prime location on Watt Avenue offers excellent visibility and accessibility for customers. The building's total square footage is 4,774 square feet, all of which is readily available for lease. This presents a blank canvas for a business seeking to establish a strong presence in a bustling Sacramento neighborhood. The property's address is easily accessible and benefits from high traffic volume, making it an ideal location for a variety of retail businesses. The building is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this versatile space offers. The property is situated at 38.6135701 latitude and -121.3820805 longitude. This is a multi-tenant property, although currently fully vacant. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,822,211

  6.5%

  $2,605,118

  7%

  $2,419,038

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,217,181

  Geo Method

  $5,217,181

• Alternative Use

  Use

  Valuation

  Residential

  $2,197,514

  Hospitality

  $2,012,911

  Educational

  $1,674,718

  Medical

  $1,732,314

  Retail

  $2,605,118

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6137

Longitude

-121.382

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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